Reply
Frequent Contributor
Posts: 399
Registered: ‎03-01-2012
0

filed Ch7 yesterday

So, since I filed my chapter 7 yesterday......I'm obviously really nervous leading up to the trustee meeting.

 

Anything I can do pre-discharge to start prepping myself for recovery?  Obviously I won't be applying for credit or anything of that nature to post discharge but just sitting here waiting will drive me crazy.....I want to hit the ground running...

 

Any insight?

 

Filed BK7: 7/12 (discharge 10/12) 5/12- EQ FICO - 508 / TU FICO - 490
EQ FICO: 677 (02/15)
TU FICO: 651 (02/15)
EX FICO: 671 (02/15)
NFCU cashRewards $18k - NFCU Flagship Visa $18k - First Tech C.U. Cash Rewards $5k - Cap1 Venture - $5k - Barclays Apple Card $2k - Discover $1,000 - JCrew $4650
Regular Contributor
Posts: 205
Registered: ‎08-29-2007
0

Re: filed Ch7 yesterday

If you just filed in a month or so, all of your accounts should show IIB. I would make sure that has taken place. After your trustee meeting I would do the Capital One Pre-Approval process. It does not affect your score. If it says you are Pre-Approved for an offer, NOT "We could not find your offer , but these cards may interest you", then apply and you should be approved. If you do not get pre approved by Capital One, then I would check Credit One or First Premier but not both. It is like paying for credit but you have to start somewhere.


Starting Score: TU 477 EQ 533 BK 1/27/2012
Current Score: EX 702 TU 681 EQ 652 1/10/2014
Goal Score: 700


Take the FICO Fitness Challenge
Regular Contributor
Posts: 147
Registered: ‎01-05-2009
0

Re: filed Ch7 yesterday

its a scarey thing going through BK. I got discharged in may of this year. I had never filed before but I had a good lawyer who walked me through everything. I got a car loan 2 days after my discharge. got a.pretty reasonable rate on my car loan. I have 2 small personal loans and I just got approved for a Capital one secured card. waiting on them to mail it to me. I'm slowly building my credit back up. I have two major bad things keeping my scores down, that couldn't be filed in my BK. but the best advise I can give is try to be patient and build your credit back up wisely. I've been reading these forums here since 09 and they are filled with really valuable advise.
01/10/09: - TransUnion: 500 / Equifax: 521, / Experian: 566
Filed BK 02/24/2012
06/06/2014: - Transunion:509 / Equifax:513 ,/ Experian: 551
07/28/2014: - Transunion:487 / Equifax:467 ,/ Experian: 574
08/04/2014: - Transunion:516 / Equifax:555 ,/ Experian: 584


07/25/2014: - Transunion:516 / Equifax:541 ,/ Experian: 574
Regular Contributor
Posts: 162
Registered: ‎05-14-2009
0

Re: filed Ch7 yesterday

i filed for ch7 for the first time in 8/09. everything about it scared me. especially the trustee meeting. i had nightmares and so much anxiety leading all the way up to the day of the meeting. it turned out to not be as bad as i had imagined. i knew i wanted to hit the ground running with rebuilding my credit because it was in the toilet. i heard of some people apping for cards before discharge but i absolutely did not want to give the trustee a reason not to close out my case, so i waited.

 

as soon as i got my discharge papers, i apped for (2) cards. orchard and credit one. i also opted out because i didn't want any junk mail about fresh start. and i froze all 3 credit reports. i had the bad experience of a collection agency hitting my credit reports with hard pulls and accounts like i was applying to them for credit.(bk ultimately took care of that problem) i froze and unfroze my reports as needed over that last couple of years and got scorewatch and credit monitoring so i could constantly check my reports for anything and everything. i wanted to become a homeowner again so i wanted to prepare myself ahead of time. hope that helps!


Starting Score: EQ 505 jul09
Current Score: EQ 702 TU 693 EX 692 apr12
Goal Score: 700+


Take the FICO Fitness Challenge
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.